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Search Results 0 to 20 of about 21 (some duplicates have been removed)
the argument not about his spending, but about grover norquist, he wins there, too. for republicans, on the other hand, if they can figure out a way to refocus the debate on spending, they win and the country wins. we can't kid ourselves that's correct is not easy to do. obama has the biggest microphone in the land and he also has the media in his hip pocket. all the gop has is control of the house. now it's very hard, it's inherently hard for any brin. of congress to present a unified disciplined front. no the policy show the public will blame the gop if we go over the fiscal cliff. if that's the case, if he won't deal unless the republicans agree to raise the top rates or revenues, then boehner needs to understand this reality and not under any circumstances surrender or appear weak. now what that means specifically is boehner cannot allow himself to begin to negotiate with himself anda republicans because all that will do is vindicate and reward obama's inflexibility and cause a fierce fight within the gop and conservative. i get the feeling with each and every day as republicans
a message for fellow panelists and father of the anti-tax pledge, grover norquist. >> most ceos are republican. they're on board. they're not on board with you. they're not on board with you because they fear your view. they think you do not favor going -- you favor going over the cliff. that's what they think. they think that you favor -- >> just for the record since we're on tv. that's silly if they think that they shouldn't be ceos. >> it doesn't really matter. that's what they think. >> i want you to walk me up to that moment. >> behind the record. i like that too. >> i'm stuck. like grover is stuck with this pledge he made everybody take which is that they have to go over the cliff because they obviously will not ever say the word tax. they will only say revenue. i'm stuck speaking to many more ceos than grover norquist is. he thinks it's silly. he thinks ceos are silly. i don't think they're silly. they control hiring in this country. many americans play for dinner. i don't think grover norquist cares about who is paying to dinner. he has a pledge. it's important to him an
. thank you for joining us. my guest next week grover norquist. we will get an update on where we stand on the fiscal cliff negotiation. each week keep it here where wall street meets main street. have a great week, everybody.
chum grover norquist. he's as certain as ever that republicans who have impure thoughts about violating his no new tax pledge will be targeted at the primary level by tea party members. i'm taking this masterful behind-the-scenes player at his word that he controls almost all the republicans. because almost all of them signed his oath. so a deal could be tough. plus i'm now calling for no vacation without legislation. no vacation without legislation. because the holidays are slated to begin in a couple of weeks. which doesn't give enough time to get the job done. so you have one side that is insisting on tax increases and offering no spending cuts, and then you have the other side which has pledged no tax increases which assures no deal can occur. after all, even if the president offered heavy-duty spending cuts like he did during the debt ceiling fight, the republicans can't compromise because of their blood oath in norquist. they aren't allowed to and the president's line seems to have hardened. doesn't it seem to you like he thinks that the wealthy and those who own stocks are exactl
and negotiate the prestige of the country will pay a price. lou: i told grover norquist, he must like tom cole lot because all he would say in response was interesting tactic. thanks for being with us. in the "moneyline" tonight, a stalemate in washington d.c. wall street's back today. the balance squeaking out of four. gain. s&p up less than a point, nasdaq slipping lower on the day. volume on th biboard slightly heavier than usual. all the major indexes finied higher for the month. down 71 points. s&p and nasdaq both ended higher. the three biggest winners for the month, cisco systems up to nine 1/4%. home depot, bank of america, both of just above 6%. aaa now urging the environmental protection agency to halt the sales of gas with directional concentrations arguing the fuel blend known as e 15 with an additional 5% ethanol cause engine damage but that is not covered by most car warranties. the epa says cars made after the 2000's one mall can handle that fuel brand. triple late shows 95 percent of carsmade before 2012 will not. up next, president obama meeting with everyone about the fiscal
republican lawmakers abiding by the grover norquist anti-tax pledge as seditious and treasonous. up next in nfl star murders his girlfriend, takes his own life in front of his coach and general manager. but let him -- was led him to those acts? leading psychologist answered that question and much more here next. ♪ lou: the weekend murder suicide committed by kannas city linebacker left the nfl community and the country just grasping for answers as to what was going on in this amendment. a great tragedy. the sixth nfl player in the past two years to take is on life. six nfl players raising the questions about traumatic brain energy, the nfl, and what is going on. joining us to help understand as best we can what happened and what we should be thinking about your as citizens, parents and family members and friends, psychologists and professor and psychotherapist. let me start with the fact that this was such a -- i mean, he apparently shot his girlfriend nine times. i mean, this is just an unbelievable. his friends to my teammates, coaches, no one to believe he had done it. >> but this w
, theman some democrats blame for the fiscal cliff impasse, grover norquist, president of americans for tax reform. and the many ands a finger to about fixing it, michael reagan, founder of the reagan group. i wantto start with the republicans plan that they put on the table. they have been accused of doing nothing and all. they come up with their own plan which inclus 800 billion in revenue from closing loopholes and eliminating deductions and then 1 billion in spendin cuts. it is being rejected from the get go by democrats. grover, what do you say? >> i think the republicans had a very good pl called lorraine budg. they alloted for it in the house. itsaves $6 trillion over the same decade, and they did not raise taxes and all. i really think of the president is not iterested in compromising, and not sure it is wise with the republicans to keep moving in his direction. i suppos it ge you five minutes on the nightly news to say you are being reasonable, but the president keeps saying he jst wants massive tax increase no spendin cus. he wants to increase spending as part of this deal. the pr
the election in 1992, and which we're still living, because that gave us grover norquist, et cetera. >> let's get to grover norquist in a minute, but i do have a question. the gop plan consists of $2.2 trillion in savings over a decade. that includes raging the eligibility age for medicare from 65 to 67. and lowering cost of living increases for social security benefits. they also propose overhauling the tax code to generate $800 billion in new revenue. but without raising taxes on the wealthy. in a letter to the president, leading republicans compared their plan to one erskine bowles drew up last year. >> not even close. >> he rejected that connection and the white house, of course, is hitting the road. we'll get to that in a moment. but here's my question. i've been watching the coverage of this and reading it. and there's a lot of liberals who were like, he won, ha, ha, they're so arrogant about it, it's hard to like them. because it's just not attractive. but he did -- >> yeah, he won. >> and he is going to the american people with this. and why can't the starting point of these negotia
get things done in washington, rather than saying hey, would you stick with grover norquist or would you not or would you address entitlements or not. i believe it's vital that we address the entitlements, who are the elephant in the room, but that would be up to the people who would be sitting across the table from each other. we cannot go over this fiscal cliff, no matter what people on both ends of the political spectrum say. i believe that there was a popularity poll in case you missed it where now members of congress rank just above car salespeople and i'm a great admirer of car salespeople, you know. it's not even astonishing and it angers me beyond belief, even journalists rank higher than members of congress. >> former senate majority leader george mitchell knows what it's like to be in the middle of the debate. he joins me now. senator mitchell, you more or less have been in john boehner's shoes. you were a congressional leader hammering out a tax and spending cut deal with the president of the opposing party. how is what we're seeing now different than what you experienced
's like the grover norquist of the senate. he's the guy the other republican senators are really afraid of. and that is because moreso than anyone else and definitely more than any other republican politician, demint is behind the tea party strategy of purifying the republican party in the cleansing fire of party primaries. demint created this pact called the senate conservativist fund, a pact he made into a super pac which makes it more super and exists to help conservative republicans beat other republicans. "since 2009 demint has raised more than $17 million to promote promising candidates in an effort to remake the senate not just in a republican image but in a diehard conservative one." the image of jim demint, even. and he has often done it by going to electoral war with his own party leadership. in the 2012 midterm elections demint threw his weight behind marco rubio in the republican primary for florida's senate race. despite the fact that the national republican senatorial committee and republican leader mitch mcconnell endorsed charlie crist in that race. marco rubio went on to w
over the fiscal cliff, and i think they are making that point. >> i believe grover norquist. they should get the media cameras in their. stuart: let's get more on this. we have a special guest joining us. he should have been on varney & company many times. >> i hope this is the first of many appearances. great to be with you this morning. i am kind of in a foul mood this morning. i am going to say something. the three of you are going -- if the republicans just gave the president what he wants on these taxes, low, in the end, the taxes are going up. we still have a trillion dollar deficit. this does not solve anything. at best, even if they raise the money they think they will, and i don't think they will raise any money, they are still left with a trillion dollar deficit. how are you going to bring down a trillion dollar deficit? i think the democrats are on -- i had to get that off my chest. stuart: gm car and truck sales are up 3%. the stock, dead flat. sales up 3%. that is the car sales numbers coming in today. steve, i want to get back to you here. the democrats say, wa
that the grover norquist pledge is taken by people we need to raise revenue. the president has to lead and not follow from behind on cutting the growth in entitlements. when people say we are going to cut spending, no, we are going to cut the growth of spending. medicare, medicaid, social security and other discretionary things in the budget. the gap is too wide. other people have pointed out we need revenue at 18.5% of gdp. we need expenditures at 21%. another point that i would like to make is the consumer has pretty much tapped out. if you look at nominal gdp it was up in the last quarter, personal income is only up 3%. that is a bad sign people are just saving and in solving credit is going back up. installment credit is up 11.7% year over year. a lot of these factors do not bode well. dagen: thank you for shaking me up this morning, scott. it was great to see you, as always. terrific insight. scott bloch. >> thank you very much. connell: we will show you what it means for companies and whether others will follow suit. dagen: he is one of the gang of eight. mark warner from the ver
, congress most of the republicans signed the grover norquist pledge which says you cannot tax that 2% more than anybody else. you can't increase the taxes. so we're at a stalemate and someone has to give and i don't see anyone giving right now. >> bank of america today commented on the let's jump crowd. the bungee jump crowd for which they think is a scenario. >> you wonder how much of that is in negotiating position. embraced early on by senator schumer, new york state's senior senator. we'll see. you know, there are those who believe if you want deficit reduction and are serious about it, we have one way to get there and it's called the fiscal cliff and will send us into recession but we may get deficit reduction but others believe we won't get spending cuts that we need. more will take place in defense which many argue does need to happen perhaps though not in the same way it does. we shall see. what's today's date? the fourth now. we're not too far. people say the 18th. we need to at least see something for the 21st. >> they're going on vacation with legislation. is that right? should
. grover norquist said why don't we just get the c-span and watch the sausage being made. it could be too scary. >> brian: they had him out there and he defended himself yesterday. he's doing a good job exactly defining what he's going for. he's not the angry guy everyone portrade himself. mr. #1: makes a point that washington smends too much. another story that everyone is talking about. kansas city chief's player who murdered his girlfriend, shot her nine times and killed himself. brad underwood has more from kansas city. good morning, brad. >> good morning, it has been an emotional high and low in the last couple of days in kansas city. they are continuing to learn more about the events leading up with the incident with javon and his girlfriend casandra perkins and what will happen to zoe. javon's mother the raise the three month old in long island. funeral arrangements haven't been made for casandra or javon. the first thing out of the head coach's mouth. thoughts and prayers going out to both families. javon a starter of the kansas city chiefs and his girlfriend was active in the org
to hit them, your paycheck is going to shrink. grover norquist says there's no negotiation. governor casey coming on saying, listen, it's going to take some time. rise above, this is like sink below, they think that our position wrong, somehow we are a compromise. >> all right. thank you, jim, we'll see you in just a few minutes. >> going to be an important day. when we come back, stocks on the move today. there's only one today but is it in your portfolio? we'll take a look next. ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks w
Search Results 0 to 20 of about 21 (some duplicates have been removed)